06.11.2013 - SOFAZ gold assets estimated at $1.1 bln
Physical gold amounts already 3.2% of currency assets of the State Oil Fund of Azerbaijan (SOFAZ). The Fund informs that as of 1 October its investment portfolio was $35.5 bn or 99.3% of currency assets ($35.809 bn). At that, the basis of portfolio consists of investments in American currency - $17.05 bn or 48%. Investments in single European currency were a little behind 40.1% of assets or 10.55 bn. Investments in British pounds were formed by 5.1% of assets or 1.146 bn...............................................Full Article: Source
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